Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced each of the company’s steel mills achieved Global Steel Climate Council (GSCC) product certification. The GSCC provides product certification, validating that these steel products are on the glidepath to achieve the goals of the Paris Climate Agreement’s 1.5° C scenario.
The GSCC’s Steel Climate Standard provides a single, technology neutral framework for product certification allowing steel customers transparency when making lower-carbon emissions steel product purchasing decisions. The Steel Climate Standard is aligned with the International Energy Agency’s Net Zero by 2050: A Roadmap for the Global Energy Sector. The Steel Climate Standard measures key steelmaking greenhouse gas (GHG) emissions through hot rolling including Scope 1, Scope 2, and upstream Scope 3 emissions categories. Each of Steel Dynamics’ steel mills’ 2024 GHG emissions intensity data were verified by a third-party, KERAMIDA, and certified by the GSCC.
“Steel is an integral component of the global economy and foundational to the world’s essential infrastructure,” said Mark D. Millett, Chairman and Chief Executive Officer. “The GSCC product certification is recognition that lower-embodied carbon steel products necessary for the transition to a lower-carbon global economy are available now. Steel Dynamics is already a leader in producing lower-embodied carbon steel products, and the GSCC product certification recognizes this achievement.
“In 2023, Steel Dynamics accomplished our previously announced 2025 GHG emissions intensity and renewable electrical energy goals ahead of schedule. In 2024, we announced GSCC certified, science-based GHG emissions intensity targets for our steel mills. Today’s announcement is another step demonstrating to the market that our steel mills’ products are produced with lower carbon emissions. Even though our emissions intensity is already among the lowest in the industry, these achievements and our actionable path forward highlight our commitment to further reducing our carbon impact,” concluded Millett.
For additional information on Steel Dynamics’ science-based GHG emissions intensity product certification visit our website at www.steeldynamics.com under “Sustainability – Sustainability Reporting.”
Discover the latest trends and insights—explore the Business Insights Journal for up-to-date strategies and industry breakthroughs!
